FUNimation Channel Adds Anime from Central Park Media

FORT WORTH, TX - April 10, 2007 -- FUNimation Entertainment, a wholly-owned subsidiary of Navarre Corporation and the market share leader for home video sales of Japanese animation in the United States, today announced that the company has acquired several anime titles from Central Park Media for broadcast on the company's 24/7 digital FUNimation Channel. The titles include Revolutionary Girl Utena: The Movie, which will debut as part of a new movie block on Saturday, May 5 at 8:00 p.m. ET.

"We have acquired a good catalog of titles from CPM that include many fan favorites," mentioned Debra Kennedy, senior vice president of marketing and new media at FUNimation. "These titles provide a well-rounded mixture of series, OVAs and movies that will help expand our programming and round out our new movie block beginning in May."

"We are very pleased to be part of the expanding anime universe and look forward to having our programs included in the daily lineup on the FUNimation Channel," said Stephanie Shalofsky, vice president, production and marketing at CPM.

The FUNimation Channel was conceived as a vehicle to expose a wider audience to the unique storytelling style and graceful animation inherent in the Japanese style of animation. In addition, it provides anime and entertainment fans direct access to FUNimation Entertainment's exclusive portfolio of leading anime titles as well as top titles from other U.S. anime companies. FUNimation is working with OlympuSAT, a leading distributor of independent digital programming networks, for the distribution of the FUNimation Channel. OlympuSAT is the exclusive distributor of the FUNimation Channel, which is now available to video service providers across the nation as a 24/7 linear channel and as syndicated programming.

For a full list and descriptions of the titles FUNimation acquired from CPM, or for more information on the FUNimation Channel, its availability or how to get it, visit www.funimationchannel.com.

> About FUNimation EntertainmentFUNimation® Entertainment, a wholly-owned subsidiary of Navarre Corporation, is the leading company for Japanese animation in the United States. FUNimation is known for acquiring top-rated anime series from Japan and for being the market share leader for home video sales of anime in the United States. The company has a proven formula for launching and advancing brands, and manages a full spectrum of rights for most of its brands including broadcasting, licensing, production, internet, and home video sales and distribution. For images, or more information on FUNimation or any of its properties, contact Jeff Dronen at 817-788-0627, ext. 251 or pr@funimation.com.

> About Central Park MediaCentral Park Media is a 17-year-old Manhattan-based independent video and book publisher. Central Park Media has been a leading supplier of anime and Asian cult films in the United States since 1990, and a major publisher of manga (graphic novels) since 1994. The company currently manufactures and distributes animated video programming under several label names, including U.S. Manga Corps, Be Beautiful, Software Sculptors and Central Park Media. In addition, Central Park Media releases live-action Asian feature films under its Asia Pulp Cinema label and underground live-action programming under its Below The Radar label. For high resolution, downloadable artwork and information, please visit CPM's electronic press kit at www.centralparkmedia.com./cpmdb/presskit.cfm.

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